Analyst Downgrades: Ford Motor Company, LendingClub Corp, and TubeMogul Inc

Analysts downwardly revised their ratings and price targets on Ford Motor Company (NYSE:F), LendingClub Corp (NYSE:LC), and TubeMogul Inc (NASDAQ:TUBE)

Josh Selway

Aug 9, 2016 at 10:16 AM

TUBE
LC
F

Analysts are weighing in on automaker Ford Motor Company (NYSE:F), financial stock LendingClub Corp (NYSE:LC), and digital branding specialist TubeMogul Inc (NASDAQ:TUBE). Here's a quick roundup of today's bearish brokerage notes on F, LC, and TUBE.

F is up 0.8% this morning, trading at $12.28, even after Jefferies initiated coverage with an "underperform" rating and $10 price target. It's been almost four years since the stock has breached the $10 mark, but it has been trending lower for months, dropping 22.5% since its annual high of $15.84, seen last October. Regardless, short-term options traders remain call-skewed, as evidenced by Ford Motor Company's Schaeffer's put/call open interest ratio (SOIR) of 0.67. This reading not only shows call open interest well above put open interest among options expiring in three months or less, but also ranks in the low 13th percentile of its annual range.

LC is down 4.8% this morning at $4.56, after the company announced a bigger-than-expected second-quarter loss, as well as the resignation of a top executive. Cannacord Genuity was one of at least three brokerage firms to lower its price target on the stock, setting its market at $6, while Goldman Sachs raised its price target to $5. LendingClub Corp has had a dreadful 12 months, plummeting from its perch above $19 just over a year ago. In the meantime, short sellers are having a field day, as more than one-fifth of the stock's float is currently sold short.

TUBE is selling off this morning due to the company's lackluster quarterly results and downbeat full-year outlook. What's more, JMP Securities downgraded the shares to "market perform" from "market outperform," and at least four other brokerages lowered their price targets on the stock. At last check, TubeMogul Inc was down 18.7% at $10.28, having now shed over one-fourth of its value year-to-date. More analyst-induced losses are possible, too, since 63% of following brokerages still say TUBE is a "strong buy," and none consider it a "sell."

Don't miss the market's next move! Sign up now for Schaeffer's Midday Market Check

Follow @Schaeffers

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade. Professional traders have rushed into the market and are making a mint. Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.